S3089 — Replaces certain fixed interest rate award in eminent domain cases with interest rate based on just compensation awards.

S3089 — Replaces certain fixed interest rate award in eminent domain cases with interest rate based on just compensation awards. · Informed CitizenryS3089 changes how interest rates are calculated in New Jersey when the state or a municipality takes private property through an eminent domain process. Currently, some cases use a set, fixed inter…Open in Informed Citizenry